Bot or not? | Bitcointalksearch.org

GreatOrchid

legendary

Activity: 1092

Merit: 1001

Quote from: disam on December 25, 2018, 05:50:22 AM

I am interested in an interexchange arbitrage bot. Any suggestions? Currently looking at haas. Anybody using it?

Better to not pay any membership to any bot that exists at the moment, you will be deceived after all, it is not worth to invest your money on that kind of stuff.
Better to make your own trades and to control the risk by yourself, that is the best strategy after all.

disam

sr. member

Activity: 394

Merit: 250

I am interested in an interexchange arbitrage bot. Any suggestions? Currently looking at haas. Anybody using it?

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: Coyster on December 24, 2018, 01:20:18 PM

It's not possible for all bots trading platforms to be scams,but it emits a whole lot of risk,same as manual trading though.
But if you ask me it's much better and safer to trade manually,and without the use of an automatic computer(Bot)

Yes, not all the trading bots are scam but at the same time you cannot expect them to get your profits all the times of trading. A bot is nothing but few programming codes and it works based on some criteria and market conditions. If those criteria and conditions will be meeting, it will make a trade for you but there will be no guarantee that bot will withstand some unexpected market condition after opening a position for you.

You may call a loss booking bot as a scam. But, you need to understand that no one could make profits all the times hence a programming code also. If you are able to make profits overall like at the end of the month with bot trading, then you may go for continuing with it.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: bigdaddyderp on August 18, 2018, 09:26:31 PM

I could not imagine leaving my trading in the hands of a bot. Especially not being able to closely understand the coding which runs it. I much rather do this with my own organic matter.

I think it's much better? because you can avoid the risk of some kind of emotional feeling in trade, because that one thing that affects the results in trading, if you use a bot you can also work on the other side, of course it's better right?

Coyster

legendary

Activity: 2058

Merit: 1270

Play Poker on Telegram

It's not possible for all bots trading platforms to be scams,but it emits a whole lot of risk,same as manual trading though.
But if you ask me it's much better and safer to trade manually,and without the use of an automatic computer(Bot)

susuberuang

full member

Activity: 926

Merit: 100

you should be able to be careful when you want to trade, do not let you rely on bots because it can make your trading capital become lost, you better do it yourself.

DKREBEL86

full member

Activity: 377

Merit: 101

yanda.io

I have been using BmyBit with some success for a while and I am now using Yanda.io (you can see that from the signature). They are looking for users to test their design and UX. You can still subscribe there for free as soon as you provide feedback on how to improve their interfaces.

On yanda i made good profits lately. In fact, they are using the same technology of BmyBit but with the aim of smoothing the experience of the traders.

Let me know if you will try it out!

Melissa Smile

newbie

Activity: 28

Merit: 0

I have some previous experience in the financial markets and prefer to use manual trading, but with using special trading terminals for intelligent and convinient trading.

richcorner100

full member

Activity: 616

Merit: 100

https://exip.live/

Yes i heard about bot software for crypto trading, and there many trader use it to trade crypto by automaticly buy and sell. But i heard for the advanced bot the price is very expensive about $6500. We can see now the price of crypto going up and down at the sametimes, and i think that because many trader use bot trading.

impulse709

full member

Activity: 598

Merit: 147

Next Generation Web3 Casino

Some of them are scams, some are not. Anything have good side and bad side, so not all the bot are scam. But public bot and its guarantee profit have high risk, traders should avoid these.

kalashnikovski

member

Activity: 252

Merit: 10

The swindlers a lot not only in trading bots but also in crypto currency trade. Also every trade system has a own time and place. Why do some body will be to sell good bot?

Afie

newbie

Activity: 29

Merit: 0

many people use it or not.. but i don't good experience on bot.. who is the experienced person they should be use bot . but many bot is scam, otherwise u can earn good profit from bot.

ncn1992vn

newbie

Activity: 280

Merit: 0

If indeed profitable form BOT, I think they do not spend it for us
or if you want to use, there must be a huge amount. This is very risky.

SirLancelot

hero member

Activity: 2576

Merit: 582

Leading Crypto Sports Betting & Casino Platform

Quote from: deus030518 on August 15, 2018, 05:12:33 AM

Quote from: gondel on June 11, 2014, 10:05:21 AM

Hello,
I am reading everywhere that most of the trading bots are scam. Is that true? Is there somwhere any real bot which can be really profitable and should you have deep knowledge in trading and trading platforms to use it ?
Thank you all!
BR

If you are planning to use trading bot, for me it is not good idea because not all the trading bot can monitor the prices in the market if others are saying that they can monitor, yes they can but they cannot monitor it for 24/7 so do not depend on the trading bot and not all the work of the trader can do by the bot. So for me I do not agree and suggest the bot.

A trader should not depend on such tools. Nothing can compare a human brain. Bots do not learn as fast as our brain can. These have many problems. Digital market is very volatile. All the changes are unexpected and abrupt ones. Artificial intelligence cannot work very efficiently in such a real time where conditions keep on changing. Crypto trading is a tough job.

feelingfroggy

jr. member

Activity: 220

Merit: 2

I use a bot for all my trading. This way I can set my rules and walk away. If I don't use the bot I tend to get creative and ignore my rules. When I use the bot my main weakness is eliminated. My profits has increased by double since I switched over.

bigdaddyderp

newbie

Activity: 105

Merit: 0

I could not imagine leaving my trading in the hands of a bot. Especially not being able to closely understand the coding which runs it. I much rather do this with my own organic matter.

SUDARMONO

full member

Activity: 504

Merit: 100

in trading we cannot determine our predictions to be true in 100%, I think in trade we only need strong patience to get big profits.

Omighty28

jr. member

Activity: 187

Merit: 5

Cryptocurrency markets are here to stay, and it’s likely the bots are as well — as long as the market remains unregulated. There is already a large volume of trading bots operating in the market that the vast majority of investors aren’t aware of. As investors become more savvy, so too will the bots. And so we’re likely headed down the path of an arms race. As detection tools get stronger, developers will look for ways around detection. As bots get more advanced, platforms will accelerate research and development to counterattack. With regulation seemingly right around the corner, only time will tell which side will win the fight until probably the government steps in to stabilize the market and put an end to predatory bots.

Omighty28

jr. member

Activity: 187

Merit: 5

Quote from: Omighty28 on August 18, 2018, 05:42:38 PM

Quote from: gondel on June 11, 2014, 10:05:21 AM

Hello,
I am reading everywhere that most of the trading bots are scam. Is that true? Is there somwhere any real bot which can be really profitable and should you have deep knowledge in trading and trading platforms to use it ?
Thank you all!
BR

Bots can manipulate crypto markets by artificially inflating the price. Their automated trading behavior leads new traders in cryptomarkets to overpay for the coins they are buying. The classic “pump-and-dump” scheme that was popular in the early nineties and made popular by the Wolf of Wall Street Jordan Belfort, is still being run effectivelly by bots in today’s crypto markets. This scheme involves coordinated purchases of low-priced coin to “pump” the price and attract new investors who are easily excited by the increase. As investors unknowingly buy “the pump”, bots dump the asset in near perfect coordination. With no new buyers coming into the market, the coin quickly loses value and investors are left scratching their heads and agonizing over their wallets.

Unfortunately, this scenario plays out all too often in cryptocurrency markets. It can be extremely hard to detect where bots are at work without advanced analysis tools.Two of the biggest indicators of bot manipulation are price momentum and volume. If investors watch for these indicators to spot coordinated buy patterns early, they can avoid potential pump-and-dumps or flash crashes before they happen.
The people coding these bots usually stay pretty quiet about what they’re doing, but if you do your research on Reddit or Telegram, you’ll see people openly forming groups and teaming up to build bots. And if you dig deep into forums, in some cases you’ll find groups openly discussing price manipulation. The funny thing is that these individuals are often quite talented on the technical/programming side but lack the true financial know-how that could 2x, 3x even 4x their investments.

Omighty28

jr. member

Activity: 187

Merit: 5

Quote from: gondel on June 11, 2014, 10:05:21 AM

Hello,
I am reading everywhere that most of the trading bots are scam. Is that true? Is there somwhere any real bot which can be really profitable and should you have deep knowledge in trading and trading platforms to use it ?
Thank you all!
BR

Bots can manipulate crypto markets by artificially inflating the price. Their automated trading behavior leads new traders in cryptomarkets to overpay for the coins they are buying. The classic “pump-and-dump” scheme that was popular in the early nineties and made popular by the Wolf of Wall Street Jordan Belfort, is still being run effectivelly by bots in today’s crypto markets. This scheme involves coordinated purchases of low-priced coin to “pump” the price and attract new investors who are easily excited by the increase. As investors unknowingly buy “the pump”, bots dump the asset in near perfect coordination. With no new buyers coming into the market, the coin quickly loses value and investors are left scratching their heads and agonizing over their wallets.

Topic: Bot or not? (Read 3111 times)